iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sees Strong Trading Volume – Time to Buy?

Shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) saw strong trading volume on Tuesday . 454,570 shares were traded during trading, an increase of 47% from the previous session’s volume of 308,503 shares.The stock last traded at $31.41 and had previously closed at $31.32.

iShares MSCI Intl Value Factor ETF Price Performance

The firm has a fifty day simple moving average of $28.82 and a 200-day simple moving average of $28.48. The firm has a market cap of $2.07 billion, a P/E ratio of 11.43 and a beta of 0.78.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. FMR LLC lifted its holdings in shares of iShares MSCI Intl Value Factor ETF by 4.3% in the fourth quarter. FMR LLC now owns 8,967,613 shares of the company’s stock valued at $243,112,000 after purchasing an additional 370,365 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of iShares MSCI Intl Value Factor ETF by 6.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 5,219,190 shares of the company’s stock valued at $141,492,000 after purchasing an additional 304,290 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares MSCI Intl Value Factor ETF by 17.6% in the fourth quarter. JPMorgan Chase & Co. now owns 4,443,196 shares of the company’s stock valued at $120,455,000 after purchasing an additional 666,432 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of iShares MSCI Intl Value Factor ETF by 270.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 906,037 shares of the company’s stock valued at $24,563,000 after purchasing an additional 661,194 shares in the last quarter. Finally, Freedom Investment Management Inc. lifted its holdings in shares of iShares MSCI Intl Value Factor ETF by 4.7% in the third quarter. Freedom Investment Management Inc. now owns 839,294 shares of the company’s stock valued at $24,784,000 after purchasing an additional 37,469 shares in the last quarter.

iShares MSCI Intl Value Factor ETF Company Profile

The iShares Edge MSCI Intl Value Factor ETF (IVLU) is an exchange-traded fund that is based on the MSCI World ex USA Enhanced Value index. The fund tracks an index of large- and mid-cap developed ex-US equities, selected using fundamental metrics, and weighted by these metrics and market-cap. IVLU was launched on Jun 16, 2015 and is managed by BlackRock.